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Nonprofiteer
← WINSTON-SALEM CENTER FOR EDUCATION AND THE ARTS

Form 990 for tax year 2024

Filed by WINSTON-SALEM CENTER FOR EDUCATION AND THE ARTS.

Totals

Total revenue
$87,575
Total expenses
$95,215
Contributions and grants received
$40,396
Grants paid
$0
Program service revenue
$44,152
Investment income
$2,534
Other revenue
$493
Total assets, end of year
$1,446,189
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,446,189
Program services expenses (Part IX)
$95,215
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$95,215

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $40,396

  • 2a · Program service revenue: COMMON AREA MAINTENANCE INC

    total $44,152 · related or exempt $44,152

  • 3 · Investment income

    total $2,534 · excluded $2,534

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $493 · related or exempt $493

  • 11e · Other revenue, total

    $493

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $6,162 · program services $6,162

  • 16 · Occupancy

    total $33,493 · program services $33,493

  • 22 · Depreciation, depletion and amortization

    total $48,406 · program services $48,406

  • 23 · Insurance

    total $4,372 · program services $4,372

  • 24a · Other expenses: AUDIT FEES

    total $2,700 · program services $2,700

  • 24b · Other expenses: ADMINISTRATIVE EXPENSES

    total $82 · program services $82

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $206,244 · end of year $133,000

  • 10a · Land, buildings and equipment: cost or other basis

    $1,872,822

  • 10b · Land, buildings and equipment: accumulated depreciation

    $559,633

  • 10c · Land, buildings and equipment, net

    beginning of year $1,247,585 · end of year $1,313,189

  • 27 · Net assets without donor restrictions

    beginning of year $1,280,094 · end of year $1,446,189

  • 28 · Net assets with donor restrictions

    beginning of year $173,735

Mission and programs · 2024

Mission

THE MISSION OF WINSTON-SALEM CENTER FOR EDUCATION AND THE ARTS IS TO ENRICH THE WINSTON-SALEM COMMUNITY BY PROVIDING OPERATING SPACE AND NURTURING NON-PROFIT ORGANIZATIONS THAT OFFER INTELLECTUAL AND SPIRITUAL GROWTH THROUGH EDUCATION AND THE ARTS.

Activities or mission (Part I)

THE MISSION OF WINSTON-SALEM CENTER FOR EDUCATION AND THE ARTS IS TO ENRICH THE WINSTON-SALEM COMMUNITY BY PROVIDING OPERATING SPACE AND NURTURING NON- PROFIT ORGANIZATIONS THAT OFFER INTELLECTUAL AND SPIRITUAL GROWTH THRU EDUCATION AND THE ARTS.

  • THE MISSION OF THE WINSTON-SALEM CENTER FOR EDUCATION AND THE ARTS IS TO ENRICH THE WINSTON-SALEM COMMUNITY BY PROVIDING OPERATING SPACE AND NURTURING NON-PROFIT ORGANIZATIONS THAT OFFER INTELLECTUAL AND SPIRITUAL GROWTH THROUGH EDUCATION AND THE ARTS.

    Expenses $95,215 · Revenue $87,575

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gary Stiffler

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Mark Thompson

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    5

  • Janet Falls

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Eric Hoyle

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Guy Morgan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • Steve Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Kara Thompson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Bob Edwards

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
8 May 2026
IRS schema version
2024v5.0
Source object
202601319349305620

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